3 Ways Hoteliers Can Prepare for the Biggest Trends of 2024 and Beyond
In 2024, chasing demand will be a top priority for the travel industry as we head in for a year of moderate growth. While the outlook is promising, lodging businesses are now challenged to increase their RevPAR without alienating price-sensitive guests, as demand is expected to remain relatively flat and inflation rates are high globally. 3 Ways Hoteliers Can Prepare for the Biggest Trends As a hotelier, you must stay informed of market changes, act quickly to seize opportunities, and provide your guests with unique experiences to outperform competitors. In this article, you will find three ways to prepare for
Role of a Revenue Manager is Shifting Thanks to Automation
Like much of our world today, the hospitality industry is constantly changing and evolving beyond what revenue managers and leaders of the past could have imagined. During unprecedented change, automation and new technology have become essential to successfully navigating the post-COVID hospitality landscape. Revenue Managers Becoming Strategists But with any change, comes reservation and distrust. As the industry continues to automate, some hoteliers worry that automated systems may not be able to respond to change
Discover Why These Hotels Enjoy a 15%-40% Higher Revenue Than 2019!
When you review your hotel's mid-year numbers, what do you see? Are your occupancy rates up? Is revenue up? Is your hotel enjoying a revenue boost from 2019? A sample of over 400 revenue-managed hotels found they're on track to close 2022 with a 15%-40% revenue boost from 2019. A Decrease in RevPar for European Hotels A review of May STR reports found hotels in many European capitals reported an occupancy rate between 85 and
Tourism Manager Job Description & Tips to Boost Your Career
Before entering into a job as a tourism manager, it is important to understand the role, the main responsibilities, and the types of employers who hire tourism managers. In this post, you will find all of this information and access important tips that can help you boost your career. Table
Cruise Industry Jobs: An Overview of All Cruise Ship Positions
No matter what your academic background, work experience, or qualifications, cruise ships will almost certainly provide suitable roles, and the range of cruise industry jobs means there are usually positions that will appeal to you. Here, you will be able to learn everything you need to know about the available
Aerospace Companies: List of Aircraft and Spacecraft Manufacturers
The aerospace industry encompasses all those involved in designing and manufacturing flight vehicles within and beyond the Earth's atmosphere. This means it is related to the science and technology of aircraft and spacecraft. In this article, you can find out much more and view a list of the industry's major